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Resetting Data Governance: Authorized Public Purpose Access and Society: Criteria for Implementation of APPA Principles
From the Executive Summary: "Data governance is the most pressing challenge of the Fourth Industrial Revolution. In the field of healthcare, issues related to data governance, such as privacy, consent and the at times conflicting needs of individuals and society, are particularly acute. It is for this reason that the World Economic Forum has chosen healthcare as an entry point for addressing major issues on data governance: What is the desirable governance model for extracting value from personal information while handling that information with sufficient care? Establishing a data governance system for public health crises, including pandemics, could save lives while enhancing public trust in the use of data to further the public good. [...] As of April 2021, the coronavirus (COVID-19) continues to spread around the world, with the number of infections and deaths still increasing. Strict curbs on travel and other public activity imposed immediately after the pandemic began helped to slow spread of the virus, allowing economic activity to resume. But the renewed activity soon led to a resurgence of infections, demonstrating the difficulty of managing the pandemic. Our team believes that a systematic and cross-national approach to handling personal information such as location and medical data is essential, not only to address the current crisis but to prepare for the next one. The approach will have to be widely trusted to ensure participation and compliance. Therefore, it is necessary to develop a data governance model that balances individual rights with the interests of data holders and the public interest."
World Economic Forum
Inoue, Yusuke; Okamoto, Masako; Fujita, Takanori . . .
2021-04
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Global Risks Report 2022, Seventeenth Edition
From the Executive Summary: "As 2022 begins, COVID-19 [coronavirus disease 2019] and its economic and societal consequences continue to pose a critical threat to the world. Vaccine inequality and a resultant uneven economic recovery risk compounding social fractures and geopolitical tensions. In the poorest 52 countries-- home to 20% of the world's people--only 6% of the population had been vaccinated at the time of writing. By 2024, developing economies (excluding China) will have fallen 5.5% below their pre-pandemic expected GDP [gross domestic product] growth, while advanced economies will have surpassed it by 0.9%--widening the global income gap. The resulting global divergence will create tensions-- within and across borders--that risk worsening the pandemic's cascading impacts and complicating the coordination needed to tackle common challenges including strengthening climate action, enhancing digital safety, restoring livelihoods and societal cohesion and managing competition in space. The 'Global Risks Report 2022' presents the results of the latest Global Risks Perception Survey (GRPS), followed by an analysis of key risks emanating from current economic, societal, environmental and technological tensions. The report concludes with reflections on enhancing resilience, drawing from the lessons of the last two years of the COVID-19 pandemic."
World Economic Forum
Granados Franco, Emilio; Kuritzky, Melinda; Lukacs, Richard . . .
2022
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Cybersecurity Leadership Principles: Lessons Learnt During the COVID-19 Pandemic to Prepare for the New Normal
From the Introduction: "The COVID-19 [coronavirus disease 2019] pandemic is having a dramatic impact on society and has forced everyone to become heavily reliant on the internet and its digital economy - what would normally have taken years has now occurred in months. The situation has highlighted the intrinsic systemic issues at the juncture of digital infrastructure, economy, geopolitics and privacy that mainly relate to the unprecedented pressure on the digital architecture and supply chain dependencies. If these are not addressed in a holistic manner, the escalating risks may have a domino effect that is likely to impact critical functions and industry ecosystems globally."
World Economic Forum
de Moura, Georges
2020-05
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Challenges and Opportunities in the Post-COVID-19 World
From the Introduction: "While a global pandemic has been a looming risk for decades, COVID-19 [coronavirus disease 2019] has come as a shock to society, health systems, economies and governments worldwide. In the midst of extraordinary challenges and uncertainty, and countless personal tragedies, leaders are under pressure to make decisions on managing the immediate impact of the pandemic and its consequences, decisions that will shape the state of the world for years to come. What might be the silver linings in the crisis and how might leaders use this moment to build a more prosperous, equitable and sustainable world? In this collection of essays, the Global Risks Advisory Board of the World Economic Forum's Global Risks Initiative looks beyond the current crisis to the potential challenges and opportunities in the post-COVID-19 world. The result is a range of expert opinions from a geographically diverse set of leaders. They are designed to offer new perspectives on the post-pandemic future, in support of efforts to proactively and collectively shape the future we want."
World Economic Forum
Granados Franco, Emilio; Lukacs, Richard; Müller, Marie Sophie . . .
2020-05
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COVID-19 Risks Outlook: A Preliminary Mapping and Its Implications
From the Introduction: "The first global pandemic in over 100 years, COVID-19 [coronavirus disease 2019] spread across the world at an unprecedented speed. [...] As countries seek to recover, some of the more lasting economic, environmental, societal and technological challenges and opportunities are only beginning to become visible. While societies, governments and businesses collectively grapple with these possibilities, it is vital to anticipate the emerging risks generated by the repercussions from the pandemic. 'The COVID-19 Risks Outlook' seeks to provide a preliminary picture of which familiar risks may be amplified by the crisis and which new ones may emerge, recognizing that key issues remain to be analysed - health and geopolitics among them. This report is an initial mapping that will be supplemented by further work including the World Economic Forum's annual 'Global Risks Report.'"
World Economic Forum
Granados Franco, Emilio; Lukacs, Richard; Müller, Marie Sophie . . .
2020-05
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Impact of COVID-19 on the Global Financial System: Recommendations for Policy-Makers Based on Industry Practitioner Perspectives
From the Background: "This briefing is the outcome of several multi-stakeholder dialogues organized by the World Economic Forum's Platform for Shaping the Future of Financial and Monetary Systems. Since mid-March, the Forum has virtually convened senior leaders from financial institutions, international organizations, central banks and other institutions for several discussions about the impact of COVID-19 [coronavirus disease 2019] on the financial system. [...] This briefing summarizes the key findings of these discussions, providing insight into financial market trends, private-sector views of government responses to date and priorities for future policy, areas of risk and uncertainty, and expectations for the future. While some context on market activity and policy decisions is provided, the focus is on sharing the views expressed by the participants in these Forum-hosted discussions, rather than a comprehensive overview of the situation. The goal is to present the current state of debate among key financial system stakeholders. As the human and economic impacts of COVID-19 continue to be felt, the Forum will convene similar discussions and share this learning."
World Economic Forum
Blake, Matthew; Weisman, Ben
2020-04
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COVID-19 Action Agenda: Leaders on the Front Line: Why Social Entrepreneurs Are Needed Now More Than Ever
From the Executive Summary: "While some countries are already addressing the aftermath of their COVID-19 [coronavirus disease 2019] outbreak, the World Health Organization projects that the worst is yet to come in many developing and emerging countries, with the global pandemic expected to last at least another year. As of August 2020, over 20 million cases of COVID-19 have been reported, of which one-third are in Africa, Brazil and India. Marginalized communities worldwide are being hit the hardest by the health and economic effects of this crisis and will thus continue to struggle. The pandemic has a much greater impact on these communities: an additional 100 million people could slip into extreme poverty - a number that could easily climb higher. Decades of work to tackle impoverishment are being erased as the world witnesses a rise in global poverty for the first time since 1998."
World Economic Forum
2020-09
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Dashboard for a New Economy: Towards a New Compass for the Post-COVID Recovery
From the Document: "'Under the umbrella of the World Economic Forum's Great Reset initiative, this report outlines a general framework for macroeconomic targets beyond GDP [gross domestic product] growth - a Dashboard for a New Economy - to serve as a guide for the post-COVID-19 [coronavirus disease 2019] economic recovery and as a starting point for further debate and convergence of targets and approaches among governments and economic policy-makers globally. Building on findings from the World Economic Forum's regular Chief Economists Survey, the report demonstrates the practical relevance of the framework by assessing the current state of the economic recovery from the COVID-19 pandemic and policy action based on the proposed dimensions of the Dashboard. The report builds on the latest economic policy research as well as extensive consultations with the World Economic Forum's Global Future Council on the New Economic Agenda and a growing community of more than 40 leading chief economists from both the public and private sectors, organized by the World Economic Forum's Platform for Shaping the Future of the New Economy and Society.'"
World Economic Forum
2020-10
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Digital Transformation: Powering the Great Reset
From the Executive Summary: "During COVID-19 [coronavirus disease 2019], we have had to learn how to live differently - to learn, work, socialize, shop, worship and collaborate in different ways. And many of us are doing all this virtually. The pandemic is therefore a watershed moment for the digital transformation of business. The rules for success have changed, and are ever more reliant on harnessing the power of digital models to create new value and experiences. Digital transformation is not a new endeavour for business, though prior attempts have often failed to realize its full potential. What is new in the wake of COVID-19 is that this is a shared opportunity for leaders. Successful leaders will now seize the opportunity to advance a new trajectory for digital transformation that aligns with the changing role of business: to be a powerful enabler of long-term value creation for all of its stakeholders."
World Economic Forum
2020-07
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Impact of COVID-19 on the Future of Advanced Manufacturing and Production: Insights from the World Economic Forum's Global Network of Advanced Manufacturing Hubs
From the Document: "While powerful mega trends like global trade tensions, climate change, new technology innovations and the current COVID-19 [coronavirus disease 2019] crisis impact all parts of the globe, the reality of those impacts - and therefore the necessary responses to them - are inherently driven by unique regional characteristics and the regional enabling environments. The Global Network of Advanced Manufacturing Hubs (AMHUBs) was established by the World Economic Forum in 2018 with the purpose of understanding and leveraging that regional diversity to help rapidly transform manufacturing to keep pace with the global megatrends that might otherwise create disruptions for manufacturers around the globe. No one country, entity or industry alone can ensure that our globally connected manufacturing industry survives and thrives. But, together, we can address the unique combination of common global trends captured through the eyes of local and regional representatives. With the arrival of the coronavirus pandemic, we see a need to move faster than ever as this international health crisis affects manufacturers and their respective supply chain networks around the globe. The magnitude of this unprecedented crisis has yet to be fully realized or manifested. And yet, we must struggle through it and think beyond it."
World Economic Forum
Andreis, Diego; Arikan, Baris; Kampe, Nicole . . .
2020-06
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Latin America and Caribbean Travel & Tourism Competitiveness Landscape Report: Assessing Regional Opportunities and Challenges in the Context of COVID-19
From the Executive Summary: "The 'Latin America and Caribbean Travel & Tourism Competitiveness Landscape Report' is designed to give an in-depth view of the Latin America and Caribbean (LAC) travel and tourism (T&T) industry. This report serves as a benchmarking tool for policy-makers, companies and complementary sectors to advance the future development of the T&T sector by providing unique insight into the strengths and development areas of each country/ economy to enhance industry competitiveness. Further, it serves as a platform for multistakeholder dialogue to understand and anticipate emerging trends and risks in regional T&T, to adapt policies, practices and investment decisions, and to accelerate new models that ensure the longevity of this important sector. The report's theme is 'Assessing Regional Opportunities and Challenges in the Context of COVID-19 [coronavirus disease 2019]'. The COVID-19 pandemic is one of the greatest challenges the LAC T&T industry has faced in its history. Accordingly, attention has been paid to how T&T competitiveness can be used to mitigate the impact of the crisis and build back better."
World Economic Forum
Soshkin, Maksim
2020-07
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Emerging Pathways Towards a Post-COVID-19 Reset and Recovery
From the Document: "Uncertainty about the future trajectory of the global economy continues to be high as the spread of the virus and the effect of containment measures remain challenging to predict. The crisis compounds volatility from trade tensions and lower international cooperation which marked 2019. The most recent forecasts by the International Monetary Fund (IMF) and the European Commission revised significantly downward their initial projections for 2020 growth made during the first quarter of the year."
World Economic Forum
2020-07
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Building Resilience in Manufacturing and Supply Systems in the COVID-19 Context and Beyond: Latin America Perspectives
From the Document: "The COVID-19 [coronavirus disease 2019] global crisis continues to disrupt manufacturing and global supply chains with severe consequences for society, businesses, consumers and the global economy. While the pandemic has reached Latin America later than other regions, its impact is as devastating as elsewhere. With mass factory shutdowns, demand surges for essential goods and shifting consumer behaviour all challenging global value chain flows, this pandemic has surfaced significant questions about near- to medium-term supply chain resilience in the region."
World Economic Forum
2020-07
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5G Outlook Series: The Impact of Mobile Technology on the Response to COVID-19
From the Executive Summary: "As the COVID-19 [coronavirus disease 2019] pandemic has swept the globe, putting immense pressure on healthcare systems and economies around the world, connectivity needs have changed abruptly. The response to COVID-19 has significantly affected connectivity trends, mobile technology use cases and the outlook for 5G [fifth generation] deployment and adoption. This paper, the first in a series that examines the effects of mobile technology on the response to COVID-19, highlights early examples of 5G technology being used during this time and assesses the outlook for the expanded use of 5G in an era when ubiquitous, high-bandwidth connectivity has become more critical than ever."
World Economic Forum
2020-07
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Financing Resilience in Post-COVID-19 Manufacturing and Supply Systems
From the Introduction: "Supply chains have been disrupted and altered over the past years in an unprecedented way as a result of megatrends such as emerging technologies, trade tensions, sustainability imperatives and the reconfiguration of globalization. The COVID-19 [coronavirus disease 2019] pandemic has further exposed the fragility of global value chains. According to a recent World Economic Forum report in collaboration with Kearney, 76% of senior executives across different industries indicated that COVID-19 was a significant disruptor of their operations, affecting activity from both the supply and demand side. The future economic outlook is still uncertain, and disruptions from these megatrends will likely accelerate, continuing to threaten manufacturing and supply systems. Companies are now shifting towards increased collaboration and finding new solutions for more resilient and sustainable value chains, building the capabilities required to future-proof them. [...] This report aims to help inform decision-making on financing resilience across manufacturing and supply systems in the post-COVID world and to highlight new opportunities for collaboration. The following sections describe the findings of our consultations with senior executives in operations with respect to: [1] The emerging financial constraints raised by the COVID-19 pandemic as well as the response mechanism and financial support that were activated within manufacturing[;] [2] The investments needed for a reorganization strategy towards a more resilient global manufacturing ecosystem[;] [and] [3] The opportunity for a global response and coordination mechanism to be established, for the manufacturing community to help finance resilience in value chains[.]"
World Economic Forum; International Finance Corporation
Fendri, Memia; Peta, Joana; Betti, Francisco . . .
2021-10
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